TipRanks 3 “Strong Buy” Stocks Set for Monster Growth in 2021 We’ve turned a new page on the calendar, Old Man ’20 is out the door, and there’s a feeling ‘21 is gonna be a good year – and so far, so good. The markets closed out 2020 with modest session gains to cap off larger annual gains. The S&P 500 rose 16% during the corona crisis year, while the NASDAQ, with its heavy tech representation, showed an impressive annual gain of nearly 43%. The advent of two viable COVID vaccines… Source link
Read More »Bitcoin shatters $30,000 as 2020 price surge continues into new year
It took bitcoin (BTC) 10 years in existence to reach the $20,000 mark, on Dec. 15. Then it took just 17 days to reach $30,000. It took the Dow Jones almost three years to make the same move. Bitcoin started 2020 at $7,200. It ended the year very close to $30,000, up 296%. (For comparison, the Nasdaq rose 43% in 2020, the S&P 500 rose 16%, the Dow rose 7%.) The surge continued full-steam into 2021: On Jan. 2, bitcoin broke through $30,000 for the first time, then broke through $31,000. The 2020… Source link
Read More »Soaring share price creates army of ‘Teslanaires’
Tesla’s rocketing share price this year has created an army of millionaires. Tesla’s rocketing share price this year has created an army of millionaires – self-named ‘Teslanaires’. Shares in Elon Musk’s electric car firm have risen more than 700% during 2020 to become the world’s most valuable car company. But it’s been a roller-coaster ride for long-term investors with wild swings since it joined the stock market a decade ago. For those who have stuck with Tesla, it has been a very wealthy… Source link
Read More »XRP price crashes after SEC files charges against Ripple
TipRanks These 2 Penny Stocks Are Poised for a Massive Rally, Say Analysts The conventional wisdom is that we’re on the cusp of another major stock market rally. 2020 has been a volatile year, with the unprecedented ‘coronavirus recession’ in February and March, followed by a bull run through the summer and fall, with increased volatility in late autumn, as investors tried to make sense of the elections and the ‘second wave’ of the virus.But that’s all in the past. The election is… Source link
Read More »Bitcoin Price Briefly Touches $24,000
TipRanks 3 Stocks Flashing Signs of Strong Insider Buying Sometimes, following a leader makes the best investment strategy. And corporate insiders have long been popular leaders to follow. Their combination of responsibility to their stockholders and access to ‘under the hood’ information on their companies gives their personal investment choices an air of authority.The most important thing about these insiders is that whatever else they do, they are expected to shepherd their companies to… Source link
Read More »Tesla’s 1,000% Stock Price Explosion Isn’t About Electric Cars
The list of things that are gearing up because of the EV boom is a long and lucrative one. It’s not just about EVs anymore. EVs are simply one delivery mechanism in a massive worldwide energy transition. Sure, September saw record EV sales up 91% year-on-year, with UBS forecasting that EV market share will reach 40% by 2030, and Tesla planning to rapidly accelerate production with 3 new factories in 3 countries and 20 million EVs coming off the line by 2030, for a 40x increase over this… Source link
Read More »Will bitcoin price hit $500,000?
TipRanks 3 “Strong Buy” Stocks That Are Still Undervalued After a year that most of us want to forget, 2021 is shaping up to start with stability and an even keel. The election is safely behind us, the new Biden Administration promises a ‘no drama’ approach, a closely divided and hyper-partisan Congress is unlikely to enact any sweeping legislation, reform or otherwise, and COVID vaccines are ready for distribution. It’s a recipe for a calm news cycle.Which makes it a perfect time to… Source link
Read More »Roth Initiates Coverage of Canoo with $30 Price Target
Bloomberg Rich States Uncover Tax Windfall, Undercutting Push for Aid (Bloomberg) — It was a shocking, and seemingly improbable, figure.Eight months into the pandemic — and the brutal economic collapse it triggered — California’s budget watchdog said the state was poised to pocket a windfall of some $26 billion. Just as New York and Connecticut had revealed weeks earlier, tax revenue was coming in at a clip no one expected, thanks in part to the booming stock market.And so it has largely… Source link
Read More »Airbnb and DoorDash are losing lots of money but it may be the perfect recipe for huge IPO-day stock price gains
TipRanks 3 ‘Strong Buy’ Stocks with Over 7% Dividend Yield It’s been up, up, and away for the markets since the end of September. Both the NASDAQ and S&P 500 are trading within 3% of their recent record high levels, after counting for daily fluctuations. It’s a clear sign of a bullish mood among investors.And that bullish mood is finding fertile soil among Wall Street’s stock analysts, who are not hesitant to make buy-side calls. There are some indications that the analysts are… Source link
Read More »Price Over Earnings Overview: Yandex
TipRanks 3 Monster Growth Stocks That Are Still in the Buy Zone With markets generally rising for now – the S&P is up over 9% in the past 30 days – investors are taking a close look at growth stocks. These are the equities that show long-term appreciation, with returns to investors based mainly on share price gains. It’s an obvious move to make, when the mood on the Street is bullish.The professional analyst corps understand this, and they have been scouring the market for stocks that… Source link
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